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Physics Physics club, for all physics fan of all level

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tkhin
post Nov 6 2011, 03:11 PM

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[quote=empirekhoo,Nov 3 2011, 08:12 PM]
yeah i noted that NUS actually offered quantative finance. so there should be market for quants.

Sorry to digress,
off hand from what ive gleaned over the years
The nus program usually lots of students from china
Ntu also has a msc in quant finance, with optional semester in us, carnegie i think?

Unfortunately c++ is not compulsory when implementing the models, matlab / vba is ok.
The best way to start out in c++ is to learn by yourself, just like math or physics..my opinion anyway..

There will always be a market for quants, but not the local banks..unfortunately foreign banks here in kl are basically just representative branches, the real technical stuff are done overseas.. So best start anywhere but here..

Courses in quant finance are usually msc level, cqf is something like cfa, a professional cert


tkhin
post Nov 9 2011, 03:25 PM

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QUOTE(empirekhoo @ Nov 7 2011, 03:20 PM)
Interesting. I have no idea since I'm not in NUS anyway. It seems you are quite knowledgable in MFE. are you taking MFE or CQF?
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Nope not knowledgable, never was in nus /ntu but i know ppl who have studied in it. I am taking neither as i learn on my own and or via work.. I hate memorizing and most probably would flunk the exams anyway..

Note that quant finance degrees are not the norm, usually is msc lvl. Theoretical Physics/math gives one a good basis for this field ie monte carlo simulation, stochastic calculus, pde ie operator splitting methods ,etc..Its not enough to just know the theory, implementation is also crucial to see the results ie c++/vba/matlab etc.. Ull never win the nobel prize but if u get into a top tier bank, u get paid well, check out e-financialcareers.com.


tkhin
post Nov 10 2011, 12:43 AM

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QUOTE(empirekhoo @ Nov 9 2011, 09:03 PM)
Interesting. So what are you doing currently? I am currently considering on the theoretical phy journey and obviously quant was one of the 'backup plan'. Any advise on it? especially what field of theoretical phy? I am thinking of quantum optics & QIS but i was never sure of course.

we can take this offline if you mind. =)
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Im Not going to sugar coat it, imho if you're below 30 ie mid 20s and
1. Want to pursue ur physics phd and get unto a career in Physics, dont do it in Malaysia. Either ull end up as a tuition teacher or a college or uni lecturer with minimal chances to get ur proffesorship in a public uni. If u dunno why, then i have nothing to say..Private uni in Malaysia i dunno.
2. Quant finance , dont do it in malaysia cause it
doesnt exist. The mmu course (not sure if its still
around) definitely is not the real deal.
Phd make sure it has modules in stochastic calc, pde, computational stuff, c++,monte carlo simulation
Books u can start of with the bible, options futures and derivatives by john hull, i think 7-8th ed, or
Joshi or dominic o kane's books or articles.
As for me, Im a nobody who's born in either the wrong century or wrong country..smile.gif, but right now its whatever models/math that interests me and
implementing them in c++

tkhin
post Nov 10 2011, 10:06 PM

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QUOTE(empirekhoo @ Nov 10 2011, 08:47 PM)
1. Yes that's why I'm not studying now.. No fund to go overseas though unless you got leads.

2. Will take note on those. I think paul wilmott has another undergrad bible.

well, I'd vote for wrong country. anyway I'll take this to pm if you don't mind =)
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nope no leads, my student days are way over..... only real life examples..

1. uk, now economy bad, so most proffesors do not have the funding to sponsor phd students. note that funding is from the uk gov or whatever EU research grant etc... Besides, they would naturally prefer to sponsor their undergrad students ie cambridge undergrad who's interested to continue onwards etc. very hard sell for overseas students unless ur sponsor knows the uk proffesor well and research proposal too good to let go..

2. even if u go sg, and do complete a phd from ntu/nus, doesn't guarantee u a job as a quant in sg. its very competitive and i know of at least 1 real life example. its like chicken and egg, if nobody gonna give u a chance, how u gonna start gaining exp? that's life..

3. yes wilmot has the 3 volumes, 2nd ed., its very expensive but u can easily find the pdf's online..

4. one does not need to like the goverment to love a country, which is my case and i suppose most of ppl in this forum too.
otherwise i wouldn't even bother moving back here...

This post has been edited by tkhin: Nov 10 2011, 10:07 PM

 

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